asked the Chancellor of the Exchequer (1) what increase there has been from 1964 to 1978 in percentage terms in gross capital stock and plant machinery, respectively, at constant prices in manufacturing industry and index of production industries;(2) what increase there has been in percentage terms in gross capital stock and plant and machinery, respectively, at
constant prices from 1964 to 1978 in each of the following industries: (
a) agriculture, fishing and forestry, ( b) mining and quarrying, ( c) food, drink and tobacco, ( d) coal and petroleum products, chemical and allied industries, ( e) metal manufacture, ( f) bricks, pottery, glass and cement, ( g) timber and furniture,
| GROSS CAPITAL STOCK | ||
Percentage increase between end-1964 and end-1978 at constant (1975) replacement cost
| ||
Industry*
| (a) All assets | (b) Plant and machinery |
| All industries | 64 | 90 |
| Agriculture, forestry and fishing | 62 | 28 |
| Index of production industries | 61 | 70 |
| Mining and quarrying including petroleum and natural gas. | 200 | 121 |
| Manufacturing of which: | 54 | 69 |
| Food, drink and tobacco | 74 | 112 |
| Coal and petroleum products, chemicals and allied industries. | 75 | 92 |
| Iron and steel | 44 | 56 |
| Other metals, engineering and allied industries†. | 43 | 46 |
| Bricks, pottery, glass, cement etc. | 81 | 104 |
| Timber, furniture, etc. | 71 | 108 |
| Paper, printing and publishing | 52 | 67 |
| Textiles, leather, clothing and other manufacturing industries†. | 43 | 66 |
| Construction | 112 | 150 |
| Gas, electricity and water | 52 | 58 |
* Analysis of gross capital stock is possible only by industry of ownership. Consequently leased assets are mainly included within estimates for the distributive and service trades, rather than within estimates for the production industries where most of them are used. The figures in the table may therefore slightly understate growth in fixed assets available in the production industries. | ||
| † Separate estimates of gross capital stock for the non-ferrous metal, and for the textile, industries are not available. | ||
| The method of calculating gross capital stock is described in "National Accounts Statistics: Sources and Methods", (page 383) and in articles in the October 1975 and October 1976 issues of "Economic Trends". Estimates relating to the end of 1978 are published in "National Income and Expenditure, 1979 Edition", (tables 11.12 and 11.14). | ||